Kampala, Uganda | THE INDEPENDENT | Uganda’s fuel prices have edged up by around 5% amid rising tensions in the Middle East, but strong reserves and reforms in the country’s procurement system have limited the impact on consumers. Petrol and diesel remain below previous highs recorded before the Uganda National …
Read More »Gulf shock, African shield
Afreximbank deploys $10 billion to cushion economies from a new global disruption Cairo, Egypt | THE INDEPENDENT | Africa’s multilateral lender, African Export-Import Bank, has approved a $10 billion emergency facility to shield African and Caribbean economies from the fallout of escalating tensions in the Gulf, as policymakers race …
Read More »Museveni sets tough agenda for new MPS
Kyankwanzi, Uganda | URN | President Yoweri Museveni has asked newly elected NRM MPs to restore accountability as they begin their legislative term. He said this will help halt rising corruption cases in flagship government programmes. He emphasized that political leadership demands a deeper intellectual grounding. “A follower may support some …
Read More »IRON SHEETS SCANDAL: Agnes Nandutu convicted
Kampala, Uganda | URN | The Anti-Corruption Court has convicted former State Minister for Karamoja Affairs, Agnes Nandutu, for dealing with suspect property in a high-profile case involving the diversion of 2,000 iron sheets meant for vulnerable communities in Karamoja. Justice Jane Okuo Kajuga ruled that Nandutu had sufficient reason …
Read More »Bombing for Freedom
COMMENT | IAN BURUMA | Perhaps Israeli Prime Minister Benjamin Netanyahu sincerely believed that Israeli bombs would prompt the Iranians to topple their theocratic dictatorship and establish a democratic state. It seemed for a moment that US President Donald Trump did, too. But given Trump’s capriciousness about most things, including …
Read More »Bank of Baroda Uganda grows profit 17% as industry tailwinds lift lenders
Stronger deposits and lending mirror wider gains across banking sector Kampala, Uganda | THE INDEPENDENT | Bank of Baroda Uganda reported a 17% increase in annual profit, as steady loan growth and rising customer deposits underscored momentum across Uganda’s banking industry. Profit after tax rose to Shs 156.8 …
Read More »How Africa is paying the price for Iran-U.S war
Once again, Africa finds itself on the receiving end of global crises; paying the price in growth, stability, and livelihoods NEWS ANALYSIS | RONALD MUSOKE | When the so-called coordinated military strikes by the United States and Israel hit Iranian territory on Feb. 28, the escalation marked a decisive …
Read More »Rwanda’s 32nd Kwibuka
How a once shattered country has become a beacon of hope for the rest of Africa THE LAST WORD | ANDREW M. MWENDA | Tuesday, April 7th Rwanda held commemorations marking 32 years since the beginning of the genocide that killed over a million of its Tutsi citizens. It is a …
Read More »Mufumbiro’s wife dead after long battle with cancer
Kampala, Uganda | NEWS CORRESPONDENT | Edith Katende Mufumbiro, the wife of National Unity Platform (NUP) Deputy Spokesperson Alex Waiswa Mufumbiro, has passed away following a long struggle with cancer. Her death was confirmed on Tuesday by NUP President Robert Kyagulanyi Ssentamu (Bobi Wine) on X. He revealed that she …
Read More »Iran and USA agree to two-week ceasefire
Trump says he agrees to suspend bombing and attack of Iran for 2 weeks WASHINGTON | Xinhua | U.S. President Donald Trump said Tuesday he has agreed to “suspend the bombing and attack of Iran for a period of two weeks.” Trump wrote on social media that his decision is …
Read More »
The Independent Uganda: You get the Truth we Pay the Price